Actuarial Senior Consultant – Long Term Care Experience Studies -ACT0000NJ

| Hybrid
Sorry, this job was removed at 5:03 p.m. (CST) on Wednesday, May 5, 2021
Find out who's hiring in Chicago.
See all Project Mgmt jobs in Chicago
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Job Summary

An exciting and unique opportunity to help drive innovation as a member of CNA's best-in-class Long Term Care Actuarial team!  Our collaborative team of actuaries and data scientists leverages the latest open-source and actuarial software to actively manage one of the largest blocks of Individual and Group Long Term Care insurance. This role will have exposure to multiple levels of leadership and is the ideal position for making an impact across the organization.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with department guidelines:

  1. Help drive the Long Term Care experience studies, assumption setting and modeling process to support annual loss recognition testing and asset adequacy analysis.
  2. Monitor experience trends to help drive recommendations for actuarial assumptions and strategic initiatives.
  3. Utilize the latest technological tools for working with big data, analyzing policyholder experience, setting assumptions and projections. Includes continuing to expand upon the LTC Division’s predictive modeling capabilities for assumption setting purposes.
  4. Oversight of the LTC Division’s largest code base in R, which executes on the Google Cloud Platform. This data warehouse, which contains detailed historical policyholder experience data, is used for experience studies and other analytical purposes.
  5. Collaborate with key stakeholders to gather insights on business trends, including the Inforce Management, Reserving, Modeling, Operations, Claims, and Finance & Analytics LTC teams.
  6. Present analysis and findings to peers, multiple levels of senior management, and external stakeholders.
  7. Manage project teams and provide guidance to less experienced team members.
  8. Stay up to date on long term care insurance industry trends and the potential impact on the assumption setting process.

Reporting Relationship

Director or above

 Skills, Knowledge & Abilities

  1. Strong interpersonal and communication skills. 
  2. Strong analytical, critical thinking and problem-solving skills.
  3. Solid project management, organization, and planning skills.
  4. Ability to exercise independent judgment and develop recommendations to inform critical business decisions.
  5. Ability to effectively manage through challenging problems, lead through change and take appropriate levels of risk.
  6. Ability to review, manipulate, validate, remediate, and visualize data in performing actuarial analysis.
  7. Strong focus on documentation, producing a polished work product, including self, peer, and technical reviews.
  8. Solid knowledge of Microsoft Office Suite (e.g. Word, Excel, PowerPoint etc.) and Google Cloud Platform.
  9. Experience using SAS, SQL, Alteryx, R, Python, etc. working with insurance company data.
  10. Knowledge of Google Cloud Platform, Moody’s AXIS Actuarial software, and Tableau is a plus, but not required.

 Education & Experience

  1. Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent discipline.
  2. Typically a minimum of five to seven years of related work experience, preferably in the Long Term Care Insurance or Disability Insurance industry (but not required).
  3. Attained or nearly attained Fellow of the Society of Actuaries (FSA) designation.
Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PerlLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • Node.jsFrameworks
    • SpringFrameworks
    • AccessDatabases
    • DB2Databases
    • Microsoft SQL ServerDatabases
    • MySQLDatabases
    • OracleDatabases
    • PostgreSQLDatabases
    • Google AnalyticsAnalytics
    • ConfluenceManagement
    • JIRAManagement
    • Microsoft ProjectManagement
    • SalesforceCRM
    • SendGridEmail
    • MarketoLead Gen

Location

Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How does the company support your career growth?

Throughout my five-year career, I’ve seen CNA value creating thinking and continuous learning. My managers actively encourage me to pursue rewarding professional development opportunities. Those opportunities have had a direct impact on my career growth. At CNA, the opportunities are endless and your career aspirations matter.

Alaina Cole

Underwritting Specialist

What unique initiatives do you have that encourage innovation?

We have an Innovation program and team that designs processes to encourage creative thinking and capture ideas across CNA. In addition to collaborating with and learning from world-class technology partners, we also host events such as our Innovation Summit and Hackathon, which bring winning competition ideas to life in real products and services.

Keith Zhang

Architecture Consulting Director

What's the biggest problem your team is solving?

A primary focus of my team is reducing the time-to-market associated with machine learning models. By leveraging cutting-edge cloud services and streamlining processes, we’re enhancing the model development lifecycle. That enhancement allows us to use efficient, effective predictive analytics when making business decisions.

Ryan Gulden

Senior AI/ML Engineer

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Generous parental leave
Family medical leave
Adoption Assistance
Vacation + Time Off
Generous PTO
Paid holidays
Paid sick days
Office Perks
Relocation assistance
Onsite gym
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available

More Jobs at CNA

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about CNAFind similar jobs like this